Salary for Mortgage Originator Jobs

Updated: 6 Feb 2012

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National Salary Data

	National Salary Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$50K	$100K	$150K
Salary	$23,931 - $82,277
Bonus	$483.39 - $15,205
Profit Sharing	$500 - $3,100
Commission	$6,128 - $119,733
Total Pay (? XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare). )	$29,124 - $138,263
Country: United States \| Currency: USD \| Updated: 6 Feb 2012 \| Individuals Reporting: 190

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Job Listings for Mortgage Originator Jobs

Posted	Job Title	Company	Job Location
Jan 21	Mortgage Loan Officers & Loan Originators - Highest Splits in the Business	Alcova Mortgage, LLC	Germantown, Maryland
	GUARENTEED. We are seeking experienced, self-sufficient Mortgage Loan Officers and Mortgage Loan Originators who are currently producing at least $1M per month... Indeed
Dec 28	Mortgage Originator	FirstBank	Memphis, Tennessee
	as set by the SVP of Mortgage Lending Stay current... of residential mortgage processing, underwriting, and closing procedures Knowledge of mortgage loan... Indeed
Jan 16	Residential Mortgage Originator	Avidia Bank	Hudson, Massachusetts
	solicit new residential mortgage loan applications... in consumer and mortgage lending with a demonstrated understanding of mortgage loan procedures, policies... Indeed
Jan 07	Mortgage Banker - Loan Officer - Loan Originator -- NO LICENSING REQUIRED	Bank of England - ENG Lending	Greenwood Village, Colorado
	hiring Mortgage Bankers, Loan Originators and Loan... MORTGAGE SALES ORIGINATOR RESPONSIBILITIES AND QUALIFICATIONS: As an “Outside Mortgage Sales Originator... Indeed

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Companies and Industries for Mortgage Originator Jobs

Popular Employers

Salary Range


Quicken Loans	Not enough data
Federal Credit Union	Not enough data
Fifth Third Bancorp	Not enough data

Popular Industries

Salary Range


Mortgage Lending	$22,138 - $102,142
Banking	$21,480 - $75,647
Financial Services	$23,016 - $91,848
Mortgage Broker	$19,951 - $161,496
Affordable / Low-Income Housing	$24,670 - $118,673

Key Statistics for Mortgage Originator Jobs

Gender

	Female 55%			Male 45%
Salary:	$28,035 - $57,549			$33,383 - $71,394

Years of Experience

Less than 1 year

1-4 years

31%

5-9 years

30%

10-19 years

23%

20 years or more

11%

Top Degrees

Salary Range


Bachelor's Degree	$23,672 - $112,333
Associate's Degree	$19,329 - $178,793
Master of Business Administration (MBA)	Not enough data
Bachelor of Arts (BA), Economics	Not enough data
Associate of Business Administration (ABA)	Not enough data

See more degrees

Most Common Health Benefits

	Medical: 82%		Dental: 62%
	Vision: 42%		None: 18%

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Career Path for Mortgage Originator Jobs

Common Past Jobs

Common Future Jobs

Mortgage Originator

Salary Range

$29,124 - $138,263

	Loan Officer $25,676 - $113,134
	Mortgage Loan Processor $23,974 - $53,605
	Sales Associate $15,482 - $61,739

Common Past Jobs

Common Future Jobs

Mortgage Originator

Salary Range

$29,124 - $138,263

	Branch Manager, Banking $34,396 - $79,753
	Personal Banker $24,881 - $52,752
	Mortgage Loan Officer $27,263 - $129,987

Use GigZig to view more salary ranges for common past and future jobs

Salary Map for Mortgage Originator Jobs

Top Cities by Popularity for Mortgage Originator Jobs

Top Cities by Popularity

1. Tulsa, Oklahoma

2. Minneapolis, Minnesota

3. Madison, Wisconsin

4. Phoenix, Arizona

5. Grand Rapids, Michigan

6. Alexandria, Louisiana

7. Baltimore, Maryland

Mortgage Originator Job Description

People with the job title Mortgage Originator typically fall into one of the following PayScale standard occupations.

Loan Officers

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.